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Technology Stocks : SNNT - Synthonics
SNNT 0.00Sep 17 5:00 PM EST

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To: Ted M who wrote (197)5/25/1999 7:21:00 AM
From: John B.  Read Replies (1) of 209
 
Hi Ted,
I don't know if the announcements were as much hype as they were wishful thinking. The company has a nice piece of core technology that includes low cost 3D transformations from 2D. I think management really believed that they could achieve their announced goals when they made them but were naive in their understanding of the cost and resources involved in getting a final product to market. At the time they had not completed a single full product. I think that since then they have shown there is no way they can do this full development with the small staff they have. It is also hard to license the software when you have a limited or no support staff.

As the regulars on the board have been stating, the need of new investment money will bring two things; the resources for development and some new management to help solve the "product to market problems". With these two additions to the core technology there is a chance, although getting slimmer, that they can achieve some of their original dreams.

Just my 2 pennies
JB
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